Decline in the Liquidity of the Company's Shares
First written in FY2024. 1 of 3 entries say "Mitigated", first in 2026-04-23. Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 14 of 48 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the decline in liquidity of its shares. - 2026-04-23MitigatedManagement Planning
「As a result of these initiatives, our tradable shareholding ratio improved, and we now comply with all listing maintenance criteria for the Tokyo Stock Exchange Prime Market.」
As of the end of March 2026, the tradable shareholding ratio improved from 34.3% to 35.8%, meeting the 35.0% listing maintenance threshold. This demonstrates measures taken to address the risk of a decline in the tradable shareholding ratio, including the disposal of treasury shares and a reduction in management's shareholding ratio. - FY2024First statedAnnual report
「As of the end of September 2024, the ratio of tradable shares in the Company's stock, as defined by the Tokyo Stock Exchange, was 37.7%. The Company plans to improve liquidity by requesting major shareholders, business corporations and others to sell part of their holdings. However, if liquidity declines for any reason, trading in the Company's shares may stagnate, which could adversely affect supply and demand for the shares.」
Against a tradable share ratio of 37.7%, the Company has for the first time listed the risk of trading stagnation and worsening supply and demand as an independent risk item, while also indicating a policy of improving liquidity by requesting major shareholders and others to sell part of their holdings.